Cassiar Gold (TSE:GLDC) has released an update.
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Cassiar Gold Corp. has announced a non-brokered private placement led by insiders, aiming to raise C$1 million for expanding exploration and drilling programs at its Cassiar Gold Project in Canada. The company plans to issue units at C$0.35 each, comprising one common share and one purchase warrant, exercisable at C$0.50 within two years. This funding strategy is set to advance the potential of the Taurus Deposit and other targets within this promising district.
For further insights into TSE:GLDC stock, check out TipRanks’ Stock Analysis page.